This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. rallied 4.5% to $394.95 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.8% to 6,946.13 and the Dow Jones Industrial Average rising 0.6% to 49,482.15.
This was the stock's second consecutive day of gains.
Applied Materials Inc. hit a new 52-week high, surpassing its previous peak of $380.51, which the company reached on February 24th.
The stock outperformed some of its peers, as Broadcom Inc. rose 2.1% to $332.31, Qualcomm Inc. rose 0.7% to $145.82, and Advanced Micro Devices Inc. fell 1.39% to $210.86.
Trading volume totaled 9.5 million, compared to the 50-day average of 7.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 25, 2026 16:35 ET (21:35 GMT)
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